Liabilities are rising for defined benefit schemes, and most companies offering them blame Quantitative Easing, according to a survey by law firm Squire Sanders.
The largest public pension in the US is pursuing an investment policy for a new multiclass strategic partnership program that will invest up to a total of $8 billion with four investment managers.
Both mega-funds are getting active, backing a shareholder proposal to split Rupert Murdoch's Chairman/CEO role into two, and CalSTRS is pushing to oust him from both.
CIO Profile: Tom Rogers, head of strategy implementation in investment management, Zurich Insurance Group, tells how the company’s own crisis helped it through the recent financial one.
A bill that would prohibit New Jersey's public pension funds from investing in hedge funds or derivative contracts is currently winding its way through the Legislature.